In a recent report published by Transparency Market Research (TMR), a
competitive study analyzing the global platelet rich plasma market is
offered along with a market study irreplaceable for market players,
stakeholders, and consultants of this industry.According to the
study, the global platelet rich plasma market stood at US$0.16
billion in 2013. The market is estimated to expand at a CAGR of 11.9%
during the period of 2014-2020 to reach US$0.35 billion by the end of
the forecast period.The research report titled “Platelet Rich
Plasma Market - Global Industry Analysis, Size, Share, Growth, Trends
& Forecast 2014 - 2020” states that the rising awareness
pertaining to platelet rich plasma (PRP) products and devices in
developing economies is fueling the growth of the global platelets
rich plasma market.
Browse
the full Platelet Rich Plasma Market Report @ :
Further, the growing number of surgeries on the account of the rising
prevalence of orthopedic diseases and sports injuries coupled with
increasing preference for cosmetic surgeries is expected to stimulate
the development of the platelet rich plasma market across the globe.
Also, the technological development and quickened regulatory process
for new equipment and devices is adding significantly to the growth
of the global platelet rich plasma industry.Contrarily, some factors
such as the high cost of platelet rich plasma products and devices
and the threat of therapy failure and transfer of disease (in
specific cases) are hampering the growth of the platelet rich plasma
market, globally. However, innovation in the field of medical devices
and new application areas of platelet rich plasma technology is
expected to offer growth prospects for the participants of this
market.
The P-PRP market segment accounted for the biggest market share of
60% in the global platelet rich plasma industry in 2013. However, the
L-PRF market segment is projected to register the fastest growth
during the forecast period.By origin, the autologus market held the
largest share of the global platelet rich plasma industry in the year
2013. However, owing to the rising prominence of allogenic blood
derived platelet rich plasma products, this market segment is
expected to lose ground in the forecast period. The allogenic market
is likely to grow at the highest growth rate throughout the forecast
period.
Browse
the full Platelet Rich Plasma Market Press Release @ :
The orthopedic surgery market occupied over 30% of the platelet rich
plasma market by application in 2013 and was the market leader. The
cost-effectiveness of platelet rich plasma technologies and its
various applications in cosmetic surgeries drove the orthopedic
surgery market.The Platelet rich plasma market in North America
dominated the global market, holding over 50% of the overall market
in 2013. However, the market in Asia Pacific is likely to show robust
growth, emerging as the fastest developing platelet rich plasma
market during the forecast period.Dr. PRP America LLC, AdiStem Ltd.,
Exactech, Inc., and Regen Lab SA are some of the major players
operating in the global platelet rich plasma industry.
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